Multiple Choice
The multiplier will be smaller, other things being equal:
A) the smaller the fraction of each dollar earned that goes to taxes.
B) the smaller the fraction of each dollar of disposable income that is spent on imports.
C) the smaller the fraction of each dollar of disposable income that goes to saving.
D) All of the above are true.
E) None of the above are true.
Correct Answer:
Verified
Correct Answer:
Verified
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